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Technology Stocks : VALENCE TECHNOLOGY (VLNC) -- Ignore unavailable to you. Want to Upgrade?


To: MGV who wrote (19710)5/15/2000 2:27:00 AM
From: The Vet  Read Replies (3) | Respond to of 27311
 
Visnic, a lot of stocks have lost significantly in the past 6 weeks, not just VLNC. I am bringing this to your attention just in case you have failed to notice that minor fact.

Now just to show us all how good you are, please give us a bit of that 20/20 vision of yours in foresight, rather than in hindsight, on any stock that you care to name and provide us all with the price 6 weeks from now.

By the way I view losing a little on the 5k shares I bought back then at 23 1/2 as part of the game. I don't expect to be right all the time and I bought those to replace a trading block I sold earlier at over $38.

I obviously bought them too early - I don't claim to be infallible. However the average buy price on the VLNC I still hold is well under $8 a share (including those bought recently in the 20's) so I am not overly concerned even though you seem to be laboring under the illusion that I am.

This is a high beta stock - always has been - and it will continue to be for some time. How about you go and bother the stock holders of General Electric if you are so worried that Valence is too risky for you.